Word: carbons
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...major U.N. summit on climate change opened Monday in Copenhagen, but the big environmental news was made across the Atlantic in Washington. In an afternoon press conference, Environmental Protection Agency (EPA) Administrator Lisa Jackson announced that the agency had finalized its finding that greenhouse gases, including carbon dioxide, pose a threat to human health and welfare...
...decision will mean practically for major emitters. Jackson said she did not have a timetable for when the agency would publish a detailed plan to reduce greenhouse-gas emissions, and both Jackson and Obama have said repeatedly that they would prefer legislative action - in the form of a carbon cap-and-trade bill - over top-down regulation. The House has already passed a bill that would cap U.S. carbon emissions at 17% below 2005 levels by 2020, and the Senate is considering similar legislation. The threat of EPA regulation might be enough to nudge the Senate in the right direction...
...Toranagallu, the Jindal plant continues to expand as the company pursues carbon credits by generating power through the burning of waste gas created during steel manufacture. In a bid for more carbon dollars, a second power plant was built. "The carbon revenues were a major factor in taking up these projects," says Suresh Iyer, the chief coordinator of carbon trading at Jindal South West. If a project is reducing carbon, he says, "we do take the initiative and put up the plant because of that." The second plant, which Iyer estimates cost the company $50 million to build, was approved...
...carbon financial windfall has yet to trickle down to the villagers in Toranagallu, many of whom say life has gotten worse, not better, since the steel mill first arrived. What they don't know is that, like it or not, the global battle against climate change is being fought in their backyard...
Harvard has recently undertaken several measures to reduce its carbon footprint. A 500-kilowatt photovoltaic solar array—approximately 2 1/2 football fields long—is in development for the rooftop of The Arsenal, the largest building at the Harvard-owned Watertown office complex. Harvey added that this project would not have gone forward without the $1.1 million grant from the state’s Commonwealth Solar rebate program...